Cybersecurity Rules for Financial Institutions in Indonesia
Indonesia recently released new cybersecurity rules for the financial sector, including banks, insurance companies, and other financial services providers.
Indonesia’s Second Home Visa: What are the Requirements?
Indonesia has issued second home visas, the first of its kind for the country, which will allow foreigners to stay for between five to 10 years.
Increased Oversight in Indonesia’s Peer-to-Peer Lending Sector
Indonesia has increased oversight in its peer-to-peer lending sector through OJK Regulation POJK10/2022. The regulation increases the minimum capital and equity requirements for P2P lenders and sets out a more efficient licensing procedure.
An Overview of Swiss Investments in Indonesia
With Swiss investments already spreading across Southeast Asia, it comes as no surprise that Indonesia, a prominent member of ASEAN, has been a key focus for Swiss FDI.
A Guide to Taxation in Indonesia
Indonesia adopts a worldwide income taxation system, meaning that those considered tax residents pay tax on income they earn in Indonesia.
An Introduction to Special Economic Zones in Indonesia
Indonesia has made the development of its special economic zones a priority policy with the aim of attracting over US$50 billion in foreign investment over the next decade.
Indonesia’s Just Energy Transition Partnership: Impacts for the Green Economy
The Just Energy Transition Partnership (JETP) calls for renewable energy to comprise 34 percent of Indonesia’s power generation by 2030.
UK and Indonesia Trade and Investment Opportunities
The UK is seeking to forge greater economic ties with the Indo-Pacific and Indonesia is among its key partners in Southeast Asia.
Indonesia Increases the Minimum Wage for 2023
Indonesia’s Ministry of Manpower announced that minimum wages across the country will increase by a maximum of 10 percent for 2023.
New Health Insurance Requirement for Short Term Foreign Workers in Indonesia
Foreign workers in Indonesia on short-term work permits are now required to obtain health insurance.